US and World News

BERLIN (Reuters) – The German government’s top priority is combatting high inflation, the finance minister said on Thursday during a parliamentary debate on legislation to offset inflation and boost consumers’ …

TOKYO (Reuters) -Toyota Motor Corp said on Thursday it plans to produce about 800,000 vehicles worldwide in October, about 100,000 short of its average monthly production plan, due to semiconductor …

By Davide Barbuscia and David Randall NEW YORK (Reuters) – A Federal Reserve dead-set on fighting inflation is leaving little hope that this year’s rocky markets will end anytime soon, …

By Howard Schneider and Ann Saphir WASHINGTON (Reuters) -Federal Reserve Chair Jerome Powell vowed on Wednesday that he and his fellow policymakers would “keep at” their battle to beat down …

By Crispian Balmer ROME (Reuters) – Italy’s parliamentary election on Sunday could make history, giving the country its first female prime minister at the head of its most right-wing government …

By Mark John and Dhara Ranasinghe LONDON (Reuters) – Europe’s decade-long experiment with negative interest rates, which ended on Thursday with the Swiss National Bank’s return to positive territory, showed …

By Lananh Nguyen, Saeed Azhar and Scott Murdoch WASHINGTON/HONG KONG (Reuters) -Top U.S. bankers came under pressure from lawmakers on Wednesday to take a tougher stance on doing business with …

By Leika Kihara and Tetsushi Kajimoto TOKYO (Reuters) – Japan intervened in the currency market on Thursday to buy yen for the first time since 1998, in attempt to shore …

Two Americans Captured In Ukraine Set Free — Thanks To Saudi Arabia Micaela Burrow on September 21, 2022 Two U.S. citizens held captive in Russian-occupied separatist regions in Ukraine re-entered …

By Jamie Freed SINGAPORE (Reuters) – The airline industry’s record-breaking scramble to convert older passenger jets to freighters during the travel-starved years of the coronavirus pandemic threatens to bring a …

By Valentyn Ogirenko and Aziz El Yaakoubi KYIV/RIYADH (Reuters) -Russia and Ukraine carried out an unexpected prisoner swap on Wednesday, the largest since the war began and involving almost 300 …

(Corrects third paragraph to show change takes effect on Sept. 23, not Sept. 26) HONG KONG (Reuters) – Hong Kong on Thursday raised its base rate by 75 basis points …

FRANKFURT (Reuters) – Deutsche Bank will need to look at 2023 “with caution”, the lender’s finance chief James von Moltke said on Thursday. Von Moltke, speaking at a financial conference, …

By Clare Jim HONG KONG (Reuters) – When Stephanie Cheung bought a small, two-bedroom apartment for HK$7.7 million ($981,041) as an investment in April 2021, she booked a 6% gain …

LONDON (Reuters) – The Japanese yen rose sharply against the dollar on Thursday after Japanese authorities intervened in the forex market for the first time since 1998 to shore up …

By Ludwig Burger and John Revill ZURICH (Reuters) – Swiss pharma giant Novartis said it would make growth in the United States its top geographic priority, even after laws were …

By Huw Jones LONDON (Reuters) – New York remains far and away the world’s most favoured financial centre, with London still second and Singapore overtaking Hong Kong to come in …

By Neil Jerome Morales and Enrico Dela Cruz MANILA (Reuters) – The Philippine central bank hiked its benchmark interest rates by half a percentage point on Thursday, and said it …

By Gavin Jones and Angelo Amante TERNI, Italy (Reuters) – Inflation, looming recession and impossibly high energy bills are among the daunting economic problems awaiting whoever wins Italy’s election on …

ZURICH (Reuters) – The Swiss National Bank is going to use SNB bills and repo transactions to absorb liquidity in order to ensure short-term money market rates remain close to …

By Sarah N. Lynch WASHINGTON (Reuters) – The U.S. Justice Department can resume reviewing classified records seized by the FBI from former President Donald Trump’s Florida home pending appeal, a …

UNITED NATIONS (Reuters) -Ukrainian President Volodymyr Zelenskiy told the United Nations on Wednesday that Ukraine wanted “just punishment” for a crime Russia had committed against his nation. Zelenskiy, in an …